Finance Act 2016 (c. 24)

SCHEDULES

SCHEDULE 18 U.K. Serial tax avoidance

Modifications etc. (not altering text)

C1 Sch. 18 modified (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by 1994 c. 23, Sch. 9ZA para. 79 (as inserted by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 2 para. 2 (with s. 3(4), Sch. 2 para. 7(7)-(10)); S.I. 2020/1642, reg. 9)

PART 7 U.K. Supplemental

Consequential amendments U.K.

61 (1) The Social Security Contributions and Benefits Act 1992 is amended as follows. U.K.

(2) In section 11A (application of certain provisions of the Income Tax Acts in relation to Class 2 contributions under section 11(2)), in subsection (1), at the end of paragraph (e) insert—

“(ea) the provisions of Schedule 18 to the Finance Act 2016 (serial tax avoidance);”.

(3) In section 16 (application of Income Tax Acts and destination of Class 4 contributions), in subsection (1), at the end of paragraph (d) insert “and

(e) the provisions of Schedule 18 to the Finance Act 2016 (serial tax avoidance),”.